How does Pay-by-Bank prevent chargebacks on Shopify?

Each transaction is authenticated in the customer’s bank app and settles instantly as a push payment, removing card disputes and chargebacks.

Is settlement really instant and final?

Yes. Payments settle in real time and are final, improving cash flow and eliminating chargeback risk.

Can I keep PayPal, Klarna, or cards alongside Pay-by-Bank?

Yes. Offer Pay-by-Bank alongside other gateways; when selected, Pay-by-Bank handles a secure, chargeback-free checkout.

Do refunds create reconciliation issues?

No. Refunds are pushed directly via bank rails and appear clearly on statements, so the refund trail is simple and immediate.

Why Pay-by-Bank Is the Smartest Way to Eliminate Chargebacks

Pay-by-Bank
/
Chargebacks

Almost Zero Chargebacks. More Peace of Mind.

Wallid’s Pay-by-Bank makes chargeback fraud a thing of the past — with direct-from-bank payments that are verified, final, and built for Shopify merchants in the UK and EU.

Chargebacks drain Shopify merchants —
lost revenue, admin overhead, and increased fees

Pay-by-Bank Flips the Script

By routing payments directly from a customer’s banking app to your account, Wallid removes card networks (and the dispute system) entirely.

That means:
Final payments
No forced reversals
Lower operational costs

What Is Pay-by-Bank?

Wallid’s Pay-by-Bank is an Open Banking payment method that lets your customers check out using their own UK and EU banking app.

Bank-level biometric authentication
Instant, final settlement
No card scheme costs
Almost Zero
Chargebacks

5 Reasons Pay-by-Bank Ends Chargebacks

No Card. Almost Zero Chargebacks.

Without Visa/Mastercard rails, the chargeback mechanism doesn’t exist.
Bank-Verified Identity

Customers authenticate via biometrics/2FA in their own bank app.
Final, Irreversible Payments

Only you (the merchant) can issue refunds — not card issuers.
Ideal for High-Risk Sectors

Digital, CBD, supplements, and events — industries often hit hardest by chargebacks — finally have protection.
Refunds on Your Terms
Refund when you want, how you want. No disputes happening behind your back.

5 Reasons
Pay-by-Bank Ends Chargebacks

No Card. Almost Zero Chargebacks.

Without Visa/Mastercard rails, the chargeback mechanism doesn’t exist.
Bank-Verified Identity

Customers authenticate via biometrics/2FA in their own bank app.
Final, Irreversible Payments

Only you (the merchant) can issue refunds — not card issuers.
Ideal for High-Risk Sectors

Digital, CBD, supplements, and events — industries often hit hardest by chargebacks — finally have protection.
Refunds on Your Terms
Refund when you want, how you want. No disputes happening behind your back.

Pay-by-Bank vs Card Payments

Feature	Card Checkout (Visa/Mastercard)	Wallid Pay-by-Bank
Chargeback Risk	✅Constant threat	❌Almost zero
Authentication	Card details only	Bank biometrics/2FA
Payout Speed	3–5 days	Instant
Refund Control	❌Buyer-initiated reversals	✅Merchant-controlled
Typical Fees (UK)	1.5%–2.9% + 25p + disputes	1% + 25p flat
Best For	General retail	Digital, high-risk, subscriptions

Conclusion: Protect Your Store from Chargebacks

If you sell age-restricted products
on Shopify UK and EU, you face

❌ Risk of fines from Trading Standards
❌ Lost sales from popup drop-off
❌ Fraud from under-18 bypass
With Wallid Pay-by-Bank you get

✅ Automatic, bank-verified age checks
✅ Almost zero chargebacks, no fake IDs
✅ Shopify-ready app — install in minutes

Noman A

Impressive performance for a newer platform

I wasn’t sure what to expect, but WallidPay has been rock solid from day one. Real-time payments, no hidden fees, and a clean dashboard. I’m impressed with how polished everything is.

Rebecca L

Great for UK sellers

Most of my customers are UK-based, and WallidPay supports all major banks. It’s made the checkout process faster and improved my conversion rate. Plus, I’m paying way less in fees compared to Stripe.

David H

More secure than using cards

WallidPay’s direct-from-bank payments feel way more secure than entering card info online. No more worrying about fraud or chargebacks. It's the future of online payments, especially in the UK.

Zara M

Excellent customer service

I had a few questions while integrating WallidPay, and their live chat support guided me through everything. Very professional and friendly. The platform is reliable, and I’ve had zero payment issues so far.

Ben R

Super smooth checkout experience

I used WallidPay as a customer for the first time last week — no card details needed, just my banking app. It felt safe and took less than 10 seconds. I hope more shops start using it.

Amna S

Easy setup and instant payments

I set up WallidPay with my store in under an hour. It syncs perfectly with Shopify, and payments hit my account immediately. Their support team is responsive and super helpful. Couldn’t ask for more.

Jake T

Finally an affordable way to accept payments!” – Jake T.

WallidPay has saved my business a ton on processing fees. Direct bank payments are quick and secure, and my customers love not needing to enter card info. Highly recommended for small business owners looking to cut costs without compromising on quality.

Gwenda Wilson

Peace of Mind for Us and Our Buyers

WallidPay gives both us and our customers real peace of mind. Transactions feel safer, and we know every order has been verified properly. It’s one of those tools that works silently but plays a critical role in daily operations. Highly recommended to anyone serious about eCommerce.

Robin

Just What We Needed

We needed something lightweight but effective for verification, and WallidPay delivered. It’s well-built, intuitive, and doesn’t bloat our checkout. It’s nice to finally find a security tool that isn’t overcomplicated. Great job to the developers.

Tracey

Improved Customer Confidence Instantly

We added WallidPay and noticed a change in buyer behavior almost immediately. Customers were more likely to complete orders, and fraud issues dropped. It's clear that the presence of smart verification reassures people. One of the best plugins we’ve used.

Campbell

Smooth, Secure, and Smart

WallidPay is one of those apps that you don’t realize you need until you try it. It protects our store, gives customers peace of mind, and doesn’t interrupt the buying experience. It checks all the boxes—and then some.

David Evans

Made Our Store Feel Legit

Before WallidPay, our checkout felt incomplete. This app made a huge difference by adding structure and verification. It just feels more legitimate and polished now. And because it's automated, I don’t have to babysit orders anymore.

Gagan

Great Value for the Features

Considering how important customer trust is, WallidPay is an absolute bargain. It brings enterprise-level verification and security to small stores like mine. I was nervous about setting it up, but it turned out to be super simple. The value it provides is huge.

Flora

Professional Look and Feel

The addition of WallidPay instantly made our store feel more professional. The clean design and seamless integration make it look like a native feature rather than a third-party app. Our checkout page feels more secure and modern now. It’s a small touch, but it makes a big difference when you’re trying to build customer trust.

Gray

Quick Setup, Lasting Impact

WallidPay was set up in under 10 minutes and has been running perfectly ever since. I really appreciate how easy it was to get started—no tutorials, no long documents, just straight to the point. It's helped build trust with our customers, and we’ve seen fewer chargebacks since. It’s clear that this app was made by people who understand the needs of eCommerce stores.